The Daily times. [volume] (Richmond, Va.) 1886-1889, 1887-07-20
WILLIAM AND MARY.
NENGLISH ESTATE NAY POSSIBLY )
BE RETURNED To IT.
How the old College Sunk into Decay.
Losses by War and Fire The Debt Nearly
Paid-Assets ana Liabilities English
Estates aud English Honor.

ff'''if3 hhN hftRfi'h hNNbiE
Nirginians, and indeed thousands an
over the country, have q regard for VIII
liam and Mary that is different from that
felt towards any other institution It's
history is not that of college only, but
is part of the States fame All are in
terested in and honor its past. and all
would rejoice 10 see IL once more I'm the
field where IL worked so long and wei.
As is generally known the college about
ten years ago was unable longer 10 strug
gle with the losses brought on by war
and fire, and closed IT'S doors Since that
time the interest on what was left Of the
endowment has been applied 20 the pay
ment of the debt. and this has gradually
been reduced unit IL is now said 10 De
only about $1,000 The assets consists of
grounds, buildings apparatus, and il Is
stated, over $4,000 in State bonds, on
which 6 per cent interest is paid
BY a continuance of the plan which
has been pursued it viii not De long
before the debt viii Doe cancelled. The
endowment, however, is far from sufii
clent 10 pay the expenses of q college iu
operation, and now that the cmharra,s-
ments are almost cleared off tbe friends
of the institution are looking for some
means 10 add t0 the endowment APP
plication for Federal on State aid has
been tried without effect as much as DO
was deserved, and the only method open
seems TO De private libca.ity Now i-
the time when steps should bc taken by
thorough and organized work tO procure
such aid and 10 is hoped That some plan
may be shortly decided upon for this
purpose.
WHERE THE MONEY 1f COMING FROM =,
There is q report. however whcth-
er more than report can not now De-
certainly knOWn-that assistance may
come from another source.
In 1891 Hon Robert Boyle, of the city
of London, left his estate t0 trustees for
charitable purposes. They invested
about lG9s cj,l0O m au estate iu York
shire called Bra1cu0n. the rents from
which, with the exception of 900 annu-
nually 10 Harvard, were paid t0 William
and Mary tO Doe used iu the education of
the Indians The building near The coli
lcge called The BulcuOn. was built
with this fund, ami 10 was regularly rc-
ceiycd down t0 the Revolution when d.
ceased 20 De paid Whether there was
any act of cond-caii0n Is not known lt
Is now stated that there is q possibility
of recovering this Boyle fund.- with the
accumulated interest, which would al
together amour TO q very large sum
and enable the timc-h0n0red old COLLEGE
10 al once enter again Ou % career of
active usefulness. Proper steps VIII
doubtless De taken by the college au-
thOrities 10 investigate ihe matter.
ENcM~u HoS0R.
The recovery of such funds Is not as
chimcrical as some may deem it. for since
the late war a sum of about $4,000 which
before the Revolution bad been invested
IN the English funds for the support of %
grammar school. was returned 20 thc COLI
lege, and The present grammar school built
with part of it There Was 30 obligation
on the part of the English authorities for
this generous act, and DO has been well
said that 10 is deed ot honor that should
make every one with English blood in
his veins proudcr ID may NOT bee out of
place tO remark that t0 0day it should rath-
cr make every Nirginian blush. when Doe
recalls the very different conduct of the
State, and thc abuse that has been hcaped
upon the English people Now that there
is q renewed attention 90 William and
Mary, g statement of 70. debts. assets, and
financial condition generally, would De Of
much interest.